Golden Finance reported that Bloomberg analyzed that the cautious policy outlook of the Federal Reserve weakened the optimistic sentiment of the US government embracing the Crypto Currency industry, and BTC saw a weekly decline for the first time since Trump won the US presidential election. BTC's seven-day decline reached about 7% on Monday, marking the largest drop since September. Likuiditas provider Arbelos Markets' trading director Sean McNulty stated that the outflow of funds from the US exchange-traded funds directly investing in BTC last week will put pressure on BTC prices in the short term. He expects that BTC prices may remain at the $90,000 level by the end of 2024, and also added that the Opsi market has begun to try downward Hedging, with Opsi buyers setting exercise prices of 75,000 to 80,000 US dollars in January, February, and March next year.
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Bloomberg: Bitcoin mengalami penurunan mingguan pertama sejak kemenangan Trump, pasar Opsi mulai menurun Hedging
Golden Finance reported that Bloomberg analyzed that the cautious policy outlook of the Federal Reserve weakened the optimistic sentiment of the US government embracing the Crypto Currency industry, and BTC saw a weekly decline for the first time since Trump won the US presidential election. BTC's seven-day decline reached about 7% on Monday, marking the largest drop since September. Likuiditas provider Arbelos Markets' trading director Sean McNulty stated that the outflow of funds from the US exchange-traded funds directly investing in BTC last week will put pressure on BTC prices in the short term. He expects that BTC prices may remain at the $90,000 level by the end of 2024, and also added that the Opsi market has begun to try downward Hedging, with Opsi buyers setting exercise prices of 75,000 to 80,000 US dollars in January, February, and March next year.